Transportation Stocks On The Rise With Help From 3 Stocks

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 16 points (0.1%) at 16,738 as of Wednesday, June 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,399 issues advancing vs. 1,611 declining with 145 unchanged.

The Transportation industry currently sits up 0.7% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Delta Air Lines ( DAL), up 2.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Ryanair Holdings ( RYAAY) is one of the companies pushing the Transportation industry higher today. As of noon trading, Ryanair Holdings is up $1.00 (1.8%) to $57.91 on light volume. Thus far, 75,302 shares of Ryanair Holdings exchanged hands as compared to its average daily volume of 315,800 shares. The stock has ranged in price between $57.87-$58.32 after having opened the day at $58.14 as compared to the previous trading day's close of $56.91.

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. Ryanair Holdings has a market cap of $15.9 billion and is part of the services sector. Shares are up 21.3% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Ryanair Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ryanair Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ryanair Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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